According to the ABL’s monthly Treasury Bills publication, the face value of the outstanding LBP treasury securities’ portfolio fell by 3.93% in September 2025 to LBP 52,431 billion, down from LBP 54,577 billion a month earlier, with the balance of outstanding treasury securities that matured since the beginning of the year 2025 and up until September reaching LBP 14,734 billion. In this respect, the outstanding face value of LBP treasury securities dropped by 28.62% year-on-year when compared to the LBP 73,458 billion outstanding level at end of September of the previous year. The continuous drop in the outstanding balance of the face value of the treasury securities portfolio may be explained by the Ministry of Finance’s decision to suspend the issuance of new securities since December 2023. It is worth highlighting that 54.32% of the outstanding treasury securities’ portfolio had a tenor of 120 months as at end of September 2025, followed by the 84 month (20.94%), 60 month (12.75%) and 36 month (6.30%) securities.

The maturities spectrum of the Lebanese treasury securities portfolio show some LBP 19,319 billion in face value treasury instruments that mature in 2025, LBP 16,609 billion (30.4%) in 2026, and LBP 7,197 billion (13.2%) in 2027, noting that some LBP 14,734 billion arrived to maturity between January and September 2025. The chart below depicts the projected face values of LBP treasury instruments that will arrive to maturity between the year 2025 and 2033: